Yesterday NIFTY tested its 200DEMA and witnessed some support near that. On the upside if NIFTY breaks and sustains above 10850, then one can take some fresh long positions, in that case NIFTY can again come in the range of 11100 - 11150. However till NIFTY is trading in a range of 10700 - 10850, it is better idea to take stock and sector specific trades. On the downside, NIFTY has lot of support in the range of 10700 - 10750, but the range of 10600 - 10550 remains a strong support for short term for NIFTY, below which the trend will turn bearish.